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the economy's picking up. you can actually handle these cots to some extent without leading to layoffs. at this point, it would do -- let's say oil prices when they went from $40 a barrel to $150 before the recession. prices go up ultimately. walmart doesn't make enough profits to give everybody a $6 raise across the hour. there's not enough profits there. they're going to pass on the cost. so ultimately this is all going to be paid for by the consumer. the margin won't even change that much at a walmart. you're going to see mcdonald's get rid of the dollar menu is what going to happen. is that a better scenario? it might be. that urconsumers have to pay mo and buy less. but that's what the result is going to be. >> tracy. >> if you go through the payroll cost increases, how do you offset it, if you're not selling more burgerings. i don't care that the economy's turning around, people are still struggling. if you don't bring in more revenue, you offset t payroll cost. people who own the place are going to hire
the economy's picking up. you can actually handle these cots to some extent without leading to layoffs. at this point, it would do -- let's say oil prices when they went from $40 a barrel to $150 before the recession. prices go up ultimately. walmart doesn't make enough profits to give everybody a $6 raise across the hour. there's not enough profits there. they're going to pass on the cost. so ultimately this is all going to be paid for by the consumer. the margin won't even change that much at...
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one of the areas where obama has really hurt the economy is with small businesses. his investment tax increase really hurts small business. it went from 35% to 43% on passive income. this really is an usual. during expansions y typically see new business startups accelerate. this is the only recovery i've seen back the 1930s where new business startups have flat lined. when you increase tax rates on them you don't get that capital. all that money that rick is talking about that needs to be spent, invested into new businesses. that's the genesis of economic growth. capital investments. >> while small businesses are getting hurt, the big businesses have been doing fine. in fact, look what happened with the obama recovery compared to the bush expansion. the top one percent, we're hearing a lot about them, they had an expansion of 65% during bush. during the obama so called recovery they got 93%. so the rich have all these special deals which is helping them get more money while the poor are losing. >> i hear what you are saying. here's the thing. we see time and again
one of the areas where obama has really hurt the economy is with small businesses. his investment tax increase really hurts small business. it went from 35% to 43% on passive income. this really is an usual. during expansions y typically see new business startups accelerate. this is the only recovery i've seen back the 1930s where new business startups have flat lined. when you increase tax rates on them you don't get that capital. all that money that rick is talking about that needs to be...
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>> i'd like janet yellen.n, the economy is not strong enough see employment issues we have talked about before. they continue. we do not have arobust recovery we don't have rising in, cover the real inc income change of this latest change is in years zero at half a point. instead has no choice until they can reach a place to access. it is great to be on with nic jason i have not seen him in a while. gerri: i will plays somesh audial because she will be the next fed chairman. c >> it is important not toot remove support especially when the recovery is fragile and the tools available for monetary policy should the economy falter given with the short-term interester rates are at zero. gerri: goodness gracious ity could be making a bubble somewhere with a free andre easy money floating around?, >> the first thing is theom median price of a home is pretty close at 300,000. there is 400,000 built perg year and the fed buys that much with mortgage backed securiti every three months. when you buy four years'f worth of paul sinkhole home yea in the country it isou c creating a bubble you can see
>> i'd like janet yellen.n, the economy is not strong enough see employment issues we have talked about before. they continue. we do not have arobust recovery we don't have rising in, cover the real inc income change of this latest change is in years zero at half a point. instead has no choice until they can reach a place to access. it is great to be on with nic jason i have not seen him in a while. gerri: i will plays somesh audial because she will be the next fed chairman. c >> it...
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>> the idea is that it grows when the economy is bad and it contracts when the economy starts to improve. projections are that in the next five years it will go back at the 1996 levels to ensure its economy and the point is to boost wages. neil: one people out of seven people, isn't that bad? >>ne person out of seven people is about $23,000 a year getting for food stamps. >> i'm not sure it's one out of seven. but what i hear what melissa is saying. it's a bad economy. 65% of goceries and food stamps due to that. neil: we also relax the standards? >> yes, starting under george bush. as well as president obama. there were a reqrements and tests and the like. but that is a recent development. while people are misleading others about when they say that there is not an explosion of food stamps, there's a higher growth rate. what thy are saying is rescue the food stamp program for the truly poor. the. neil: we could go back and forth for who is really poor and who is not poor. but you could go beyond food stamps, now you are close to one out of three americans getting assistance. and it makes
>> the idea is that it grows when the economy is bad and it contracts when the economy starts to improve. projections are that in the next five years it will go back at the 1996 levels to ensure its economy and the point is to boost wages. neil: one people out of seven people, isn't that bad? >>ne person out of seven people is about $23,000 a year getting for food stamps. >> i'm not sure it's one out of seven. but what i hear what melissa is saying. it's a bad economy. 65% of...
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wrestle mania expected to bring about $100 million in the local economy in the spring of 2015. levi stayed wrum is also being considered as a host location for college football's national championship game in 2017. of course, already had a super bowl in 2016. >>> san francisco giants pitcher matt cain wants to do his part to help the next bat kid make good on a dream. >> he and his wife pledged a $15,000 matching grant and challenge to the make a wish foundation. the foundation transformed san francisco into gotham city last month to help make 5-year-old miles scott's wish come true. under the challenge they will give the organize the money once the bay area executive director raises the same amount. >>> still to come, we're following breaking news in oakland. an underground pipeline catches fire. an update coming up after the break. [ female announcer ] for those who love sweets your season is here. let's just call it the baking time of year. you need special ingredients. you need the staples for homemade. you need safeway sugar for just a buck eighty-eight. and that magic thi
wrestle mania expected to bring about $100 million in the local economy in the spring of 2015. levi stayed wrum is also being considered as a host location for college football's national championship game in 2017. of course, already had a super bowl in 2016. >>> san francisco giants pitcher matt cain wants to do his part to help the next bat kid make good on a dream. >> he and his wife pledged a $15,000 matching grant and challenge to the make a wish foundation. the foundation...
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12/13
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both numbers helped by low interest rates and strengthening economy. all is fair in love and war and men's clothing. mens wearhouse offered to buy joseph a. bank, which was trying to take over mens wearhouse. joseph a. bank will evaluate the offer. >> will it be take december to remember for investors or will it be a real turkey? oh, yes the all important holiday shopping season is now under way. what does it mean to your money? joining us now is liz dunn and mike holland of holland and company. thanks for being here today. we have a lot of questions to goat through. mike, every time we turn around there's a new record being set by the major indexes, the nasdaq hitting back to the level it was 13 years ago. what happens in december? does this run continue? >> history as a guide you would say yes. the last 50 years december has been a good month relative to the rest of the year. this year when you have 25% returns in the market, the newton's law tends to stay in motion. you've got good numbers come here from liz in the second and consumer looks to be ok
both numbers helped by low interest rates and strengthening economy. all is fair in love and war and men's clothing. mens wearhouse offered to buy joseph a. bank, which was trying to take over mens wearhouse. joseph a. bank will evaluate the offer. >> will it be take december to remember for investors or will it be a real turkey? oh, yes the all important holiday shopping season is now under way. what does it mean to your money? joining us now is liz dunn and mike holland of holland and...
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economy. pope francis was very clear. said red crescent? [laughter] he cares about the message of christ's. we have to heed the words of poverty spread first of all, i would like to issue to the opel for issues of god island rather listen to stephen on issues of the economy. [laughter] capitalism has allowed it billion people to do triple for space it, over the past seven years the pope shed cozied up to us. >> i see it you could work as a child of the cold wind. in arkansas with people working two years with their kidss 60,000 but that is on a lot in california just with cost-of-living does not always work is great to raise minimum-wage there is too many variables that point to a clear path but ideally you do not want that of all wages and the recession you want to increase unemployment and you want those of benefits to drive wages down and the value could save that with unemployment benefits but they could never do that to adjust the problem with having a supply of that now is you want peopl
economy. pope francis was very clear. said red crescent? [laughter] he cares about the message of christ's. we have to heed the words of poverty spread first of all, i would like to issue to the opel for issues of god island rather listen to stephen on issues of the economy. [laughter] capitalism has allowed it billion people to do triple for space it, over the past seven years the pope shed cozied up to us. >> i see it you could work as a child of the cold wind. in arkansas with people...
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economy and th the dece of the middle class. and trey, welcome. chris, i don't remember sales going down, a big deal, what do you make of it? >> i wish i could make better news of it. we have record unemployment. we have zero wage growth. we have 48 million people, americans on food stamps, last time i hecked santa does not take ebt. it snow surprise this sale -- it is no surprise that sales were down. >> shopper spent -how much is that? per family? 423 down from 423 in 2012. >> i think this question requires maybe a big picture approach, holiday shopping started early this year. retail me not conducted a survey. survey. 40% of shoppers started in september. it might have taken a bite out of the black friday sales. and there was a 21% jump in cybershopping monday. it might plan out. >> it always goes up, double digit? >> i don't know if much. last year was the biggest on-line shopping day in history, we were expecting a 15% jump. >> another big question, who won out, is it bcks and mortars or on-line? >> amazon. every other promoon i have seen, th
economy and th the dece of the middle class. and trey, welcome. chris, i don't remember sales going down, a big deal, what do you make of it? >> i wish i could make better news of it. we have record unemployment. we have zero wage growth. we have 48 million people, americans on food stamps, last time i hecked santa does not take ebt. it snow surprise this sale -- it is no surprise that sales were down. >> shopper spent -how much is that? per family? 423 down from 423 in 2012....
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this is fascism, an economy that's supposedly privately owned but in reality, completely controlled, manipulated and as michelle said subsidized by government. we have billions of taxpayer dollars going to those -- i thought they were evil. they were supposedly evil. >> they are. >> the insurance companies to offset their losses, to share in their profits, subsidies for them and the unions get a free pass. this is obama's animal farm. >> when we were researching the story we pulled up that video tape of president obama and guess how he ended that sentence again, period. no more taxpayer funded bailouts, period. michelle, help me out here. >> what bothers me is that it seems every morning when we wake up there is a new fix to the law or we learn about this little known provision that they snuck in. this is providing this president with a blank check to the u.s. treasury for him to basically save him from the mess that he's in that day. every day there is something new. why not scrap the entire thing and start over again? >> there should be a fix when it's necessary. that's how effecti
this is fascism, an economy that's supposedly privately owned but in reality, completely controlled, manipulated and as michelle said subsidized by government. we have billions of taxpayer dollars going to those -- i thought they were evil. they were supposedly evil. >> they are. >> the insurance companies to offset their losses, to share in their profits, subsidies for them and the unions get a free pass. this is obama's animal farm. >> when we were researching the story we...
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economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. dennis: the jobs market seems to be going in the right direction of that will it allow jobless benefits anyway? we have christopher dodd and jaundice and do you feel based on today's numbers it was a key jobs report that first of all, to start with men of wage? raised the minimum wage? >> no reason why people who work full time should not be able to afford to live. read a living wage where people could feel proud of what they do of what ever it is said the jobs created our service level jobs. a lot of people who have been through world war i of the unionized workers are of manufacturing paint is working in the service sector. then now these people go to work but now the government has to subsidize. stay back here is the
economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. dennis: the jobs market seems to be going in the right direction of that will it allow jobless benefits anyway? we have christopher dodd and jaundice and do you feel based on today's numbers it was a key jobs report that...
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and stifling the economy. you know how i feel about this administration. they have done more to slow things down and want to kill the jobs in any administration that i could think of in my lifetime. neil: you are one of the early ones that were saying that there is an iceberg ahead. but the group on the titanic wasn't listening. thank you, good seeing you again. >> you'd think with all of these small banks, that would be as bad as things could get. but it is a lot more. hi mark health insurance agency, a tearful, needing some saving. where do you stand on its? and we try to resurrect this and is it working? >> i cannot say whether it's working or not. we are not paying attention to that. but what we are trying to do is get people enrolled. what i can tell you is that enrollment is sluggish and it's underwhelming and after two months, as of the end of november, we have had about 7500 enrollments. >> total since this whole thinking to be? >> yes, that's right. >> it picked up here in the last few days. we will s
and stifling the economy. you know how i feel about this administration. they have done more to slow things down and want to kill the jobs in any administration that i could think of in my lifetime. neil: you are one of the early ones that were saying that there is an iceberg ahead. but the group on the titanic wasn't listening. thank you, good seeing you again. >> you'd think with all of these small banks, that would be as bad as things could get. but it is a lot more. hi mark health...
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutuafunds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and coider carefully before investing. lou: harry reid giving advice to the republicans, telling the las vegas sun that if they ever want to see a gop president again, they must sign on to immigration reform. good news for amnesty advocate. speaker boehner hiring a high-profile adviser that is well known for helping senator john mccain passed amnesty and speaker boehner telling several business individuals that he will start holding immigration votes after the deadline for the 2014 midterm. so maybe we have a sense of what we can expect. you don't have to tell the chamber of commerce that the speaker is working to enact immigration reform. donohue issued everyone that speaker boehner would do exactly that. we will find out. we are back with monica, matt, and dav
rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutuafunds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and coider carefully before investing. lou: harry reid giving advice to the republicans, telling the las vegas sun that if they ever want to see a gop president again, they must sign on to immigration...
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it's a bad economy. 65% of groceries and food stamps due to that. neil: we also relax the standards? >> yes, starting under george bush. as well as president obama. there were a requirements and tests and the like. but that is a recent development. while people are misleading others about when they say that there is not an explosion of food stamps, there's a higher growth rate. what they are saying is rescue the food stamp program for t truly poor. the. neil: we could go back and forth for who is really poo and who is not poor. but you could go beyond food stamps, now you are close to one out of three americs getting assistance. and it makes my head spin. because the direction is that we need to relax the standards or the economy will start to have no choice but to expand this program to the degree we have. it is unaffordable. it is untenable, is not? >> food staps are not expected to be contributing to our long-term death of deficit. neil: the amount of money that we are committing, and the top that we are talking about, you're right about the impr
it's a bad economy. 65% of groceries and food stamps due to that. neil: we also relax the standards? >> yes, starting under george bush. as well as president obama. there were a requirements and tests and the like. but that is a recent development. while people are misleading others about when they say that there is not an explosion of food stamps, there's a higher growth rate. what they are saying is rescue the food stamp program for t truly poor. the. neil: we could go back and forth...
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all of the things that we are not doing for our economy. the missing stimulus money, where is all about? the billions and trillions that we are spending on education and not having any effect. in government isn't working. but we don't entrust how to be in a in a new economic society and that scott said, this has been going on for decades. gerri: to your point, income inequality is growing. 1992, the share of income by the top 5% in 2002, comparing and contrasting. that is not a big change. >> i think that the preponderance of evidence is that income is at the top half versus everyone else over the last two decades. whether that's a problem or not, it is completely unclear when you actually read all of the research that is done on it. and the other point i would make is that within the bottom 80%, the vast majority of the american population, income inequality has grown since the 1980s and in a lot of ways, that is the part that maybe we would be worried about. >> let's talk about one thing that has changed. after the 50s and 60s, when we ha
all of the things that we are not doing for our economy. the missing stimulus money, where is all about? the billions and trillions that we are spending on education and not having any effect. in government isn't working. but we don't entrust how to be in a in a new economic society and that scott said, this has been going on for decades. gerri: to your point, income inequality is growing. 1992, the share of income by the top 5% in 2002, comparing and contrasting. that is not a big change....
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federal reserve survey shows that economy hold steady during the ship down. growth of moderated or modest, due to manufacturing and consumer spending. sales of new homes grew 25 1/2% ino, biggest monthly increase since 1980. that is after three month of softer sales. >> and president obama said that income gap between the rich and the poor is jeopardizing the middle class, urgin congress to make sure that economy works for everyone. and some hot stories right now on fox business.com, one man accused of abusing the privilege of being a frequent flier, his side of the story. >> have you ever considered rating your marriage on a scale from 1 to 10? why it might be a good idea, coming up. tdd#: 1-800-345-2550 trading inspires your life. tdd#: 1-800-345-2550 life inspireyour trading. tdd#: 1-800-345-2550 where others see fads... tdd#: 1-800-345-2550 ...you see opportunities. tdd#: 1-800-345-2550 at schwae're here to help tdd#: 1-800-345-2550 turn inspiration into action. tdd#: 1-800-345-2550 we have intuitive platforms tdd#: 1-800-345-2550 to help you discover wha
federal reserve survey shows that economy hold steady during the ship down. growth of moderated or modest, due to manufacturing and consumer spending. sales of new homes grew 25 1/2% ino, biggest monthly increase since 1980. that is after three month of softer sales. >> and president obama said that income gap between the rich and the poor is jeopardizing the middle class, urgin congress to make sure that economy works for everyone. and some hot stories right now on fox business.com, one...
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federal reserve survey shows that economy hold steady during the ship down. growth of moderated or modest, due to manufacturing and consumer spending. sales of new homes grew 25 1/2% ino, biggest monthly increase since 1980. that is after three months of softer sales. >> and president obama said that income gap between the rich and the poor is jeopardizing the middle class, urging congress to make sure that economy works for everyone. and some hot stories right now on fox business.com, one man accused of abusing the privilege of being a frequent flier, his side of the story. >> have you ever considered rating your marriage on a scale from 1 to 10? why it might be a good idea, coming up. as a business owner, i'm constantly putting out fires. so i deserve a small business credit card with amazing rewards. with the spark cascard from capital one, i get 2% cash back on ery purchase, every day. i break my back around here. finally soone's recoizing me with unlimited rewards! meetings start at 11, cindy. [ male announcer gethe spark business card from capital one.
federal reserve survey shows that economy hold steady during the ship down. growth of moderated or modest, due to manufacturing and consumer spending. sales of new homes grew 25 1/2% ino, biggest monthly increase since 1980. that is after three months of softer sales. >> and president obama said that income gap between the rich and the poor is jeopardizing the middle class, urging congress to make sure that economy works for everyone. and some hot stories right now on fox business.com,...
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Dec 10, 2013
12/13
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FBC
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i think she's gging to make ben bernanke like paul volcker and i think if the economy heads south, you will see more than 85 billion a month being printed and i think that's what she's about and i'm calling it going forward. >> all right. ya know, with new fedex one rate you can fill that box and pay one flat rate. i didn't know the coal thing was real. it's very real... david rivera. rivera, david. [ male announcer ] fedex one rate. simple, flat rate shipping with the reliability of fedex. because you can't beat zero heartburn. woo hoo! [ male announcer ] prilosec otc is the number one doctor recommended frequent heartburn medicine for 8 straight years. one pill each morning. 24 hours. zero heartburn. you are gonna need a wingman. and with my cash back, you are money. forget him. airline milesill take your game worldwide. what i'm really looking for is -- i got two words for you -- re-wards. ♪ there's got to be better cards than this. [ male announcer ] there's a better way with creditcards.com. compare hundreds of cards from all the major banks to find the one that's right for you.
i think she's gging to make ben bernanke like paul volcker and i think if the economy heads south, you will see more than 85 billion a month being printed and i think that's what she's about and i'm calling it going forward. >> all right. ya know, with new fedex one rate you can fill that box and pay one flat rate. i didn't know the coal thing was real. it's very real... david rivera. rivera, david. [ male announcer ] fedex one rate. simple, flat rate shipping with the reliability of...
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we're going to make it for so many people hurting this economy. we're filled with taxes. we have tolls, we have property taxes -- >> it's not enough. what he's saying to me, it's not enough. >> every day, i pay 12 bucks to cross the george washington bridge. >> how would you know? did you see what your limo driver -- >> i read it in a newspaper. >> got you. >> you're not counting all the billions, tens of billions of dollars state and city bonds issue every year to build inf infrastructure. >> very good point. >> you didn't bring up the fact that we've been talking about an infrastructure prices for the last 30 years. >> yes, i did, you just saw a clip of the interview. i think you're very judgmental. that certainly came up. >> you're all out of your mind. the federal gas tax -- let's lk about one tax. the federal gas tax. it goes to the highway trust fund. it hasn't gone up in 20 years. but the cost of road repair and road construction has gone up 55%. >> you don't think a lot more people would drive? >> i think that the gas tax -- >> you think just because it hasn't bee
we're going to make it for so many people hurting this economy. we're filled with taxes. we have tolls, we have property taxes -- >> it's not enough. what he's saying to me, it's not enough. >> every day, i pay 12 bucks to cross the george washington bridge. >> how would you know? did you see what your limo driver -- >> i read it in a newspaper. >> got you. >> you're not counting all the billions, tens of billions of dollars state and city bonds issue every...
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Dec 4, 2013
12/13
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MSNBCW
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> the district attorney in rochester, new york, followed the advice she was given on this program last night by a former upstate new york federal prosecutor. >> now to a developing story here in the city of rochester. unfair and out of line, that's what three teenerize calling their recent arrest. >> arrested in rochester, new york, last week, while committing the crime of waiting while black. >> their families athey have never been in trouble before and they shouldn't be in trouble now. >> they are members of the edison tech high school basketball team who were waiting for their school bus to take them to a scrimmage basketball game on wednesday morning. at 8:43 a.m., they were arrested and charged with disorderly co
rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> the district attorney in rochester, new york, followed the advice she was given on this program last night by a former upstate new york federal...
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Dec 2, 2013
12/13
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WJLA
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. >> when we look at the polls, we still see that people care much more about jobs, the economy and domestic issues than any foreign policy issues. the current climate is still such that people aren't really worried about what is happening in iran as much as their backyard. >> quickly, joe biden is going on an asian tour at a time when things are really critical with china and japan. >> you will be landing in tokyo to remind his friends in asia, china, japan, south korea that they aren't being neglected. stays calmerything over there. >> thank you. >> tonight's game has wrapped up at fedex field between the redskins and the giants. it came down to the wire and sadly, the redskins continued their losing streak. britt mchenry with the details. >> it has been a tough one. depressing for washington fans than the actual game tonight has to be this spot. sorry, guys. projected difficulty of the schedule, the skins are projected to have the second overall pick in next year's trapped. wait for it, it goes to st. louis for that rg iii pick trade. write down the field, alfred , 7-0 skins and they are
. >> when we look at the polls, we still see that people care much more about jobs, the economy and domestic issues than any foreign policy issues. the current climate is still such that people aren't really worried about what is happening in iran as much as their backyard. >> quickly, joe biden is going on an asian tour at a time when things are really critical with china and japan. >> you will be landing in tokyo to remind his friends in asia, china, japan, south korea that...
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america's economy, what about this great? this seems to be contrary you would think that renewable energy would save energy but the opposite seems to be true. >> yes, the problem is that renewable energy, wind and solar, it is more expensive and right now they are producing about 5% of our electricity. well as coal reduces about 40%. natural gas and oil produces a substantial amount also. so here the government is trying to get us to switch to a more expensive fuel and at the same time, one that is difficult to store with wind and solar. gerri: we know it is more expensive, we are paying for them and the taxpayers are paying for all of this, either through tax breaks or the green energy companies or other kinds of write-offs. but at the end of the day, why can the grid not handle it? what is a technical issue? >> it is difficult. they turn and they create energy, it is difficult to get that energy over to the coast and we generate a lot of wind energy in the country. and it's difficult to get overlooked where it's needed. and
america's economy, what about this great? this seems to be contrary you would think that renewable energy would save energy but the opposite seems to be true. >> yes, the problem is that renewable energy, wind and solar, it is more expensive and right now they are producing about 5% of our electricity. well as coal reduces about 40%. natural gas and oil produces a substantial amount also. so here the government is trying to get us to switch to a more expensive fuel and at the same time,...
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but are you optimistic through 2014 about the economy? times that sure, it will get better and there is a unicorn on every street corner. and the illusion will continue. lookout. there's a lot of naysayers out there. finally, talk about a world of broken promises. with obamacare we found you cannot keep your insurance plan. as we learned tonight, you cannot keep your doctor either, not unless you're willing to pay more money to do so. you know, sometimes it seems like this administration has a lot in common with marketers who are taking it all back in the fine print, like the banks that promise you a return on your bank account until the rates move. government under this president was supposed to do more nd be better. so far, it is just more expenses and that is the fine print. it is something that we will be covering all week because we care about the fine print. hope and change? know, more of the same. higher tax bills, less accountability and that is my "two cents more". coming up tomorrow, our users guide to taxes continues with a tax
but are you optimistic through 2014 about the economy? times that sure, it will get better and there is a unicorn on every street corner. and the illusion will continue. lookout. there's a lot of naysayers out there. finally, talk about a world of broken promises. with obamacare we found you cannot keep your insurance plan. as we learned tonight, you cannot keep your doctor either, not unless you're willing to pay more money to do so. you know, sometimes it seems like this administration has a...
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rowe price, we understand the connections of a complex, global economy. it's just one reaso er 70% of our mutuafunds beat their 10-yr lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. melissa: it is time for fun with spare change, this time it could add up to big bucks, did you know if your credit card has a price matching program, they will match lowest price of a product after you bought it, they you back at difference, some cases up to $ 500, a lot of people have it don't know it. john, with smart credit.com. so, how many credit cards offer this how do i get my money back in. >> you would be surprised how many. pretty much everyone with a mastercard or visa logo or discover or american express off are a price matching or price protection benefit that nobody knows about, i saw a survey less than 1% of card holders know they have this benefit. >> it sounds tedious, do i have to monster where ads are and ho
rowe price, we understand the connections of a complex, global economy. it's just one reaso er 70% of our mutuafunds beat their 10-yr lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. melissa: it is time for fun with spare change, this time it could add up to big bucks, did you know if your credit card has a price matching program, they will...
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Dec 5, 2013
12/13
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. >> if they thought they could control that much of the economy and that much of the policy board, i would see them aiming at that. i think they short term hope that happens. but with 1.5 million people being told they qualify for medicaid, with thousands signing up. with more people signing up for obama care in the last two days than the first whole month of the program, i think the train is out of the station, i think it will be politically influx -- >> rachel, the debate has just changed. you know, when the conversation was only about the inability to get on line, and there was confusion out there, 85% of americans don't need to be concerned with going on line. i will say you have insurance through your employer, nothing is going to change for you. so i think the confusion has really been a detriment. i am from pennsylvania, we don't have our exchange, i probably would have more than two dozen choices. if our governor had cooperated, i think in addition to aetna and in addition to blue cross i would be looking for more solutions. in the end, people say what does it mean to me, i c
. >> if they thought they could control that much of the economy and that much of the policy board, i would see them aiming at that. i think they short term hope that happens. but with 1.5 million people being told they qualify for medicaid, with thousands signing up. with more people signing up for obama care in the last two days than the first whole month of the program, i think the train is out of the station, i think it will be politically influx -- >> rachel, the debate has...
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutuafunds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses stick with innovation. stick with power. stick with technology. get the flexcare platinum. new from philips sonicare. mm. mm-hmm. [ enne revs ] ♪ [ male announcer ] oh what fun it s to ride. get the mercedes-benz your wish list at the winter event going on now -- but hurry, the offers end december 31st. [ sant] ho, ho, ho! [ male announcer ] lease the 2014 glk350 f $419 a month at your local mercedes-benz dealer. i i'm careful investor. when you do what io, you think about risk. i don'like the ups and downs of the market, but i can't just sit on my cash. i want to be prepared for the long haul. ishares minimum votility etfs. investments designed for a smoother ride.
rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutuafunds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses stick with innovation. stick with power. stick with technology. get the flexcare platinum. new from...
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Dec 8, 2013
12/13
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FOXNEWSW
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when you talk to americans and look at polling, the economy still is a top issue. he needs to be that matter to americans. from jobs reports and other met ribs have come out showing improvements in the economy, a lot f people are not feeling that. in terms he can get anything done, minimum wage, universal pr pr pr pre-k, i think that's going to be difficult. >> whatever he wants to pivot from, will all the problems with obama care with still around and this week, the president had a very interesting analysis of why the rollout went so badly. take a look. >> the challenge that we have going forward is not so much my personal management style or particular issues around white house organization, it has to do with what i referred to earlier, which is we have these big agencies, some of which are outdated. some of which are not designeded properly. >> not to put too fine a point on it, but it's those outdated agencies that he, under obama care, about a fifth of the economy. >> the education of this president is a protracted and often muted process as it was this week.
when you talk to americans and look at polling, the economy still is a top issue. he needs to be that matter to americans. from jobs reports and other met ribs have come out showing improvements in the economy, a lot f people are not feeling that. in terms he can get anything done, minimum wage, universal pr pr pr pre-k, i think that's going to be difficult. >> whatever he wants to pivot from, will all the problems with obama care with still around and this week, the president had a very...
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their0-year lipper average t. rowe price. invest with confidence. with investment infmation, risks, fees and expenses to read and consider refully before investing. with investment infmation, risks, fees and expenses stick with innovation. stick with power. stick with technology. get the flexcare platinum. new from philips sonicare. ♪ [ male announcer ] 1.21 gigawatts. today, that's easy. ge is revolutioning power. supercharging turbines with advanced hardware and innovative software. using data predictively to help poweentire cities. so the turbines of today... will power us all... into the future. ♪ melissa: whether on wall street or main street, here is who made money, anyone that owns twitter. despite a scathing letter from berkshire hathaway hammering twitter, they led a mini-rally, closing up 5.6%, nice. cofounder evan williams owns 57 million shares of twitter. he made wait for it -- $132 million today. i would say that
rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their0-year lipper average t. rowe price. invest with confidence. with investment infmation, risks, fees and expenses to read and consider refully before investing. with investment infmation, risks, fees and expenses stick with innovation. stick with power. stick with technology. get the flexcare platinum. new from philips sonicare. ♪ [ male announcer ] 1.21...
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Dec 7, 2013
12/13
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MSNBCW
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. >> it's good for our country, and it's good for our economy, and it's good for the american people, especially those who are looking for work. >> reporter: raising the minimum wage to over $10 an hour would increase gdp by over $32 billion, create almost 150,000 new jobs, cut food stamps spending by billions. >> we can't survive on $7.25. >> reporter: as workers increase wages mean they no longer have to depend on the government for help. >> yes, today the house took a heroic first step towards lifting the minimum wage closer to a living wage. democracy in action is indeed a beautiful thing. >> joining me now back in our reality is associate professor of political science and international public affairs at columbia university. dorian, this could happen tomorrow. there is a lot of support publicly in polling, it's remarkable popular. there's strong support in the democratic caucus on both sides of the aisle -- both houses, and the president has come out, and he's been talking about it a lot recently, the only obstacle is the house republican caucus. >> that's right. and the presiden
. >> it's good for our country, and it's good for our economy, and it's good for the american people, especially those who are looking for work. >> reporter: raising the minimum wage to over $10 an hour would increase gdp by over $32 billion, create almost 150,000 new jobs, cut food stamps spending by billions. >> we can't survive on $7.25. >> reporter: as workers increase wages mean they no longer have to depend on the government for help. >> yes, today the house...
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>> i -- look the economy and i call it blah, i think that retail numbers are okay. nothing spectacular, you see a 3% drop, in retail, that is not a very good number -- rock, by baby ♪ neil: time for our night cap. things you are looking for tomorrow, maybe you already planning for. >> i think that market due for a correct, but one thing i'm watching are financial stocks they are terrific, a lot of breaking to new highs, if there is anything i see, it is financial are acting well do not expect big corcts or bear markets. >> why do you say financials do well, things will be okay? >> throughout history, stock market has been led up and down by financials in '07 they started breaking down before the market in '08, and they let market down they are good on upside and sound side. >> i will issue watching cyber monday sales numbers tomorrow, whether it for on-line or even brick or morer to retailer 4 of annual sales from month of november and december, tomorrow will be a big day, off today's number, they are expecting an crease about 18%, and like your guest said this ha
>> i -- look the economy and i call it blah, i think that retail numbers are okay. nothing spectacular, you see a 3% drop, in retail, that is not a very good number -- rock, by baby ♪ neil: time for our night cap. things you are looking for tomorrow, maybe you already planning for. >> i think that market due for a correct, but one thing i'm watching are financial stocks they are terrific, a lot of breaking to new highs, if there is anything i see, it is financial are acting well...
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economy today at 8:30 a.m. eastern when it was revealed we saw 203,000 jobs added in september. -- november. unemployment rate dropping to five-year low of 7%. that is latest of series of stronger than expected reports on the economy. david: but are today's data strong enough to convince the fed to taper bond buying program before the end evident year? we have payden & regal's senior economist. jeffrey, thanks for coming in. appreciate it. >> hi, david. david: the reason the market was so happy, it wasn't quite good enough to make it a sure thing there would be a taper in the next meeting but again it indicates a strength that may keep that purchasing power going on the part of the consumer, right? >> well, 200,000 jobs, it's dead on the three-month average, david. it's just above the 12-month average. if you look at the three-year average, that is 190,000. so we're right in there. continued moderate growth. that's good but the fed is looking for more than just payroll growth. they want to see inflation stabliz
economy today at 8:30 a.m. eastern when it was revealed we saw 203,000 jobs added in september. -- november. unemployment rate dropping to five-year low of 7%. that is latest of series of stronger than expected reports on the economy. david: but are today's data strong enough to convince the fed to taper bond buying program before the end evident year? we have payden & regal's senior economist. jeffrey, thanks for coming in. appreciate it. >> hi, david. david: the reason the market...
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Dec 4, 2013
12/13
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economy this, is the system settled on. at least privately, late in the evening. considering what the president said just this afternoon. >> bottom line is that law is working and will into future. >> senior fellow and author this is unbelievable. this is, so, had this is is from the report. they'll submit that to the government. once built, government and insurers can reconcile the payment to true up payments. oh, joy. so it's basically on honor system? >> basic thing to understand is that it's not a bail out of insurers but president. two weeks ago we heard from one of the top it officials is that system to pay insurers hadn't been built yet. >> 30% has not been built. we talked about what part is that? so now, they're saying how are insurance going to get paid? this is the solution? >> we're going to trust the insurance companies to say i think you owe me x amount? >> what is the alternative? if insurers don't get paid that way. they'll withdraw from markets. >> the only way we can keep insurers in the market is pay them in advance. >> when it's a person succes
economy this, is the system settled on. at least privately, late in the evening. considering what the president said just this afternoon. >> bottom line is that law is working and will into future. >> senior fellow and author this is unbelievable. this is, so, had this is is from the report. they'll submit that to the government. once built, government and insurers can reconcile the payment to true up payments. oh, joy. so it's basically on honor system? >> basic thing to...
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Dec 10, 2013
12/13
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FBC
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i think she's gging to make ben bernanke like paul volcker and i think if the economy heads south, you will see more than 85 billion a month being printed and i think that's what she's about and i'm calling it going forward. >> all right. neil: reaction, what dick cheney stands for and how you feel coming up right after this. of what it means to the best. and at ts special me of year, they shine even brighter. come to the winter event and get the merces-benz you've always wished for, now for an exceptional price. [ santa ] ho, ho, ho, ho! [ male announcer ] lease e 2014 e350 for $579 a month at your local mercedes-benz dealer. yep. got all the cozies. [ grandma ] with n fedex one rate, i could ll a box and ship it r one flat rate. so i kn untilt was full. you'd be crazy not to. is tt nana? [ male announcer ] fedex one rate. simple, flat rate shipping with the reliability of fedex. just by talking to a helmet. it grabbed the patient's record before we even picked himp. it found out the doctor we needed was at st. anne's. wiggle your toes. [ driver ] and it got his okay on treatment from
i think she's gging to make ben bernanke like paul volcker and i think if the economy heads south, you will see more than 85 billion a month being printed and i think that's what she's about and i'm calling it going forward. >> all right. neil: reaction, what dick cheney stands for and how you feel coming up right after this. of what it means to the best. and at ts special me of year, they shine even brighter. come to the winter event and get the merces-benz you've always wished for, now...
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it is credible that the economy is doing better. in that case you are noto worried about the fed making a mistake and tapering toussaint. lou: tapering toussaint, as if we kne what time they should begin their tapered. whatever the decision made by the fed, which meets in the middle of the month, what is it, the 19th? >> i believe the 18th and 19th. lou: whatever decision they make right now, that the move in this one person rally suggests instors are prepared to take their medicine, let them take away the punch bowl, however you want to construct it. >> at this point it may have been discussing tapering for over half a year. the markets have pretty much built in right now. the big issue, are we going to be able to live without so much stimulus. the data suggests that we are. lou: the stimulus and the economy and the markets. as a result of the fedulling back on cue eat whenever the number may be, what is your judgment on the way that we are going to go into 2014 and now we're going to end up both in the markets and economy? >> firs
it is credible that the economy is doing better. in that case you are noto worried about the fed making a mistake and tapering toussaint. lou: tapering toussaint, as if we kne what time they should begin their tapered. whatever the decision made by the fed, which meets in the middle of the month, what is it, the 19th? >> i believe the 18th and 19th. lou: whatever decision they make right now, that the move in this one person rally suggests instors are prepared to take their medicine, let...
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Dec 4, 2013
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i mean, one sixth of our economy. and the fact that he has failed, i think he has to be accountable for this. and -- >> well, mercedes, you're right. >> pr is not going to work for the president. >> mercedes, this is bad management, we have to hold the president accountable for what happened with that website. but that is not the whole story. the story is about trying to improve a health care problem. >> i am telling you, juan, mark my words, and i'll bet any amount for your charity of choice. you cannot fix this plan. it is unfixable. because it is predicated on the redistribution of wealth. the healthy will pay for the unhealthy and the insured. and you still have 30 million uninsured. >> did you tell president bush that about prescription drug benefits? >> yeah, i was against the prescription drug benefits -- >> and against social security, too? >> no, don't put words in my mouth. you're getting cranky, i see those gray hairs coming out. don't make fun of this gray hair, i worked hard for this. >> well, you're both
i mean, one sixth of our economy. and the fact that he has failed, i think he has to be accountable for this. and -- >> well, mercedes, you're right. >> pr is not going to work for the president. >> mercedes, this is bad management, we have to hold the president accountable for what happened with that website. but that is not the whole story. the story is about trying to improve a health care problem. >> i am telling you, juan, mark my words, and i'll bet any amount for...
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Dec 6, 2013
12/13
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has a wide range of investment choices to help you fine-tune your personal economy. call today, and we'll make it easy to move that old 401(k) to a fidelity i.r.a. [ male announc ] your eyes. even at a distance of 10 mis... the length 146 football fields... they can see the light of a single candle. your eyes are amazing. look after them with centrum silver. multivitamins with lutein and vitamins a, c, and e to support healthy eyes and packed with key nutrients to support your heart and brain, too. centrum silver. for the most amazing parts of you. where does the united states get most of its energy? is it africa? the middle east? canada? or the u.s.? the answer is... the u.s. ♪ most of america's energy comes from right here at home. take the energy quiz. energy lives here. >>> lotses of great suggestion from the viewers on how to cure this voice from saltwater to hot toddy s to, my favorite, just stop talking. see you tomorrow, i hope. [ applause ] >>> a surprisingly large number of young people are signing up. >> the president may want to rethink that comment. ne
has a wide range of investment choices to help you fine-tune your personal economy. call today, and we'll make it easy to move that old 401(k) to a fidelity i.r.a. [ male announc ] your eyes. even at a distance of 10 mis... the length 146 football fields... they can see the light of a single candle. your eyes are amazing. look after them with centrum silver. multivitamins with lutein and vitamins a, c, and e to support healthy eyes and packed with key nutrients to support your heart and brain,...
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liz: the rate of growth in the services sector of the economy slowed. saying nonmanufacturing index slipped. david: sales of single-family homes surged the most in more than three decades in october. commerce department reported sales soaring to a seasonally adjusted annual rate of 444,000 units. liz: the trade deficit narrowing as exports hit a record high. picking up in global demand that could help boost american growth in the fourth quarter. david: and falling of the fda revealed the company recalling 1400 robotic surgery systems because of concerns the devices could stall and that was bad news for the stock. "after the bell" starts right now. liz: i could say this was massive action but if you're just tuning in and look these numbers are not that great, we were way lower but also way higher. let's break down the market action. portfolio manager who doesn't expect to taper anytime soon despite the strong adp report. what it means for your investment and todd horvitz. what interesting market behavior today, as we went into the 3:00 p.m. eastern show
liz: the rate of growth in the services sector of the economy slowed. saying nonmanufacturing index slipped. david: sales of single-family homes surged the most in more than three decades in october. commerce department reported sales soaring to a seasonally adjusted annual rate of 444,000 units. liz: the trade deficit narrowing as exports hit a record high. picking up in global demand that could help boost american growth in the fourth quarter. david: and falling of the fda revealed the...
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Dec 6, 2013
12/13
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CNBC
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it demonstrates the economy may be improving and that the fed should be getting out of the way. >> mike, i'm sorry to interrupt. are you telling me december meeting if the fed announces tapering, that the markets will take it in stride? that's basically what you're telling me? >> i think it will take it more in stride than maybe it would a month or so ago because the numbers have been getting better in the economy. >> steve, do you agree with that? >> i agree with michael. i think the numbers have been improving all week nothing but good numbers here and starting out with the key 3 gdp, inventory bills. >> strengthening. record auto sales in november, the jobs numbers are very good here today, housing retail, everything looks good and we've been saying all along we think we're going to be tapering into strength and the market is going to see through that. i think we're using 120 next year for s&p earnings, still high relative to the street, but i think people are starting to see that as a real possibility and stocks are trading at 15 times next year relative to everything else you have
it demonstrates the economy may be improving and that the fed should be getting out of the way. >> mike, i'm sorry to interrupt. are you telling me december meeting if the fed announces tapering, that the markets will take it in stride? that's basically what you're telling me? >> i think it will take it more in stride than maybe it would a month or so ago because the numbers have been getting better in the economy. >> steve, do you agree with that? >> i agree with...
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Dec 10, 2013
12/13
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MSNBCW
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. >> the steadily improving economy is actually on the horizon. >> a budget deal by the end of the week. >> of course there's a caveat. >> but at what cost for the unemployed. >> congress has just five days left. >> federal benefits expire at the end of the year, to vote to extend the unemployment benefi
. >> the steadily improving economy is actually on the horizon. >> a budget deal by the end of the week. >> of course there's a caveat. >> but at what cost for the unemployed. >> congress has just five days left. >> federal benefits expire at the end of the year, to vote to extend the unemployment benefi
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Dec 10, 2013
12/13
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CNNW
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. [ male announcer ] if we could see energy... what would we see? ♪ the billions of gallons of fuel that get us to work. ♪ we'd see all the electricity flowing through the devices that connect us and teach us. ♪ we'd see that almost 100% of medical plastics are made from oil and natural gas. ♪ and an industry that supports almost 10 million american jobs. life takes energy. and no one applies more technology to produce american energy and refine it more efficiently than exxonmobil. because using energy responsibly has never been more impor
rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line,...
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Dec 5, 2013
12/13
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CNNW
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he says the federal deficit is under control and doesn't present a serious threat to the economy but he says the gap between the rich and the poor is a different story. the president making a plea to raise the minimum wage to more than $10 and an extension of unemployment benefits. >> we know that we're going to have a greater and greater portion of our people in the service sector and we know that there are airport workers and fast food workers and nurse assistants and retail salespeople who work their tails off ian are still living at or barely above poverty. and that is why it's well past the time to raise a minimum wage that in real terms right now is below where it was when harry truman was in office. >> republican leaders took issue with the president's approach. house speaker john boehner suggesting mr. obama's policy created the very problems he described. >>> another government shutdown looming next month they are trying to hammer out a budget deal now. republicans and democrats are said to be 100 billion apart with that gap narrowing. republican congressman paul ryan and de
he says the federal deficit is under control and doesn't present a serious threat to the economy but he says the gap between the rich and the poor is a different story. the president making a plea to raise the minimum wage to more than $10 and an extension of unemployment benefits. >> we know that we're going to have a greater and greater portion of our people in the service sector and we know that there are airport workers and fast food workers and nurse assistants and retail salespeople...
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Dec 4, 2013
12/13
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MSNBCW
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but the economy is certainly better today than it was in 2009, so -- >> i want to put dollars and cents to this. this is the difference in the cbo projected savings. they're projects $222 billion in a year from medicare and medicaid from this slowing of health care costs. the sequester is $87.9, and the cuts to food stamps is $23.8 billion. >>> i have been on twitter all day about this, they can't find a single positive thing to say about the law. literally it could bring people's health care costs down to zero, they could cure cancer, and conservatives would be shouting from the rooftops that it's a disaster. i think this california thing is hysterical. in part because it's the sort of natural conclusion of the republican panic about this. they vote in mass against the law even though it originated in republican ideas. they vote to try to repeal it unsuccessfully. the website they think will sink it, and then they just throw toilet paper at it. >> and in the absence of a website that wasn't malfunctioning, they created their own website to malfunction, right? they weren't served a gift
but the economy is certainly better today than it was in 2009, so -- >> i want to put dollars and cents to this. this is the difference in the cbo projected savings. they're projects $222 billion in a year from medicare and medicaid from this slowing of health care costs. the sequester is $87.9, and the cuts to food stamps is $23.8 billion. >>> i have been on twitter all day about this, they can't find a single positive thing to say about the law. literally it could bring...